Pinnacle Announces Sale of Lighthouse Apartments

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of Lighthouse Apartments located at 6130 W 40th Avenue in Wheat Ridge, CO. The 14-unit property, built in 1956, sold on May 21st for a Contract Price of $2,900,000; $207,143 per unit and $273.69 per square foot. Located walking distance to restaurants, retail, and recreation, the property featured a great mix of two- and three-bedroom units, all upgraded with new flooring, kitchens, and baths, as well as upgraded windows, walkways, and landscaping. Jim Knowlton, Principal, represented both the Buyer and the Seller in the transaction.